SECP warns general public to beware of unauthorized investment platforms

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has identified illegal online trading platforms operating under the names ‘Hillhouse Capital/ Hillhouse Investment’ and ‘S-169 Wharton.’ These platforms are enticing the public with exaggerated promises of high returns on investments in listed company shares, said a release issued here on Tuesday. The public is hereby […]

Read More

Shipping activity at Port Qasim

Karachi: Shipping activity was report at the port where six ships, MSC Michaela, Eleni-T, Puerto Rosario, Sheng Hang-005, YC Pancy and Al-Wakrah scheduled to load/offload Container, Rice/Cement, Palm oil, Chemicals and LNG, berthed at Qasim International Container Terminal, Multi-Purpose Terminal, Liquid Cargo Terminal, Engro Vopak Terminal and Engro Elengy Terminal respectively during last 24 hours. […]

Read More

PSX gains 1,567 points to close at 183,951 points

Islamabad: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 1,567.36 points, a positive change of 0.86 percent, to settle at 183,951.50 points compared to 182,384.15 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume of 1,037.262 million […]

Read More

Torkham Customs seizes over 21,000 rounds of arms, ammunition in smuggling attempt

Islamabad: Pakistan Customs authorities at Torkham foiled a major attempt to smuggle arms and ammunition into Pakistan, seizing over 21,000 rounds of SMG and rifle cartridges along with other arms. The suspicious consignment was detected during routine cargo scrutiny at Customs Station Torkham, said a news release. An apparently empty vehicle, bearing registration number TAH-027, […]

Read More

Rupee gains 01 paisa against US Dollar

Islamabad: The Rupee on Tuesday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 280.00 compared to the previous day’s closing at Rs 280.01. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs 280.7 […]

Read More